Texas is encountering increased demand from bitcoin miners and artificial intelligence data centers, leading to the necessity for a significant expansion of its power grid.
The political climate towards bitcoin mining and AI's energy consumption is deteriorating, while Trump shows continued support for mining despite this trend.
Concerns are rising about niche industries like crypto mining and data centers imposing massive power demands that could strain the grid and raise costs for regular consumers.
British Columbia placed a temporary ban on new crypto mining operations due to their high energy consumption and low job creation, emphasizing the need for a balanced approach.
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